Force Energy to Delineate Drill Targets on Zoro 1 Property
DENVER, Feb. 7, 2012 /PRNewswire/ -- Force Energy Corp. (OTC.BB:FORC) (FRANKFURT: FC2) (hereafter "Force", "the Company"), a junior Lithium and Rare Earth Metals mineral exploration company, has begun scouting drill locations on the Zoro 1 Property in Snow Lake, MB.
Pursuant to drilling permit announced on Monday, February 6th, 2012, the geological team is reviewing the data available from previous work done on the property to delineate drill targets.
The Zoro 1 property hosts multiple rare metal spodumene pegmatite dykes. The main masses of spodumene-bearing zones are exposed in seven main trenches. The seven pegmatite dykes were exposed by a series of seven main trenches and a total of 78 diamond drill holes during historic exploration. The seven zoned pegmatite dykes intrude Proterozoic Amisk Group volcanic and volcaniclastic rocks in a 1.25 mile zone. Individual pegmatite dykes have lengths of approximately 800 ft. The main, most westerly dyke outcrops along the west side of a ridge, 15 to 20 ft. high, and intrudes siliceous metasedimentary rocks and amphibolite. It is 90 ft. wide and is exposed in 16 cross-trenches for a length of600 ft.
Diamond drilling should initially target the main dyke with the aim of determining the third dimension of the potential resource. Additional drilling will be necessary in the six remaining known dykes to fully prove up the historic resource of 1.7 million tons of lithium grading 0.95%Li20.
"Now that we have obtained the necessary permits to move forward with a drill program, our team will be reviewing the results from the analyses of samples taken during Phase 1 of the exploration program," states Mr. Tim DeHerrera, president of Force Energy Corp. "We expect these results, coupled with historical data, will help us delineate drill targets for our diamond drilling program."
About Force Energy Corp.
Force Energy Corporation (FORC) is a Lithium, Rare Earth and Hydrocarbon Exploration and Development Company based in Denver, Colorado.
Force Energy plans to explore and develop its Zoro 1 Lithium property located in the Snow Lake area of west-central Manitoba, Canada. Force Energy also maintains a 50% working interest in the Hayter Well, a Hydrocarbon well located in Alberta, Canada.
Force Energy Corporation's shares are publicly traded on the OTCBB under the ticker symbol FORC.
www.ForceEnergyCorp.com
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Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward-looking statements are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions or that events or conditions "will," "would," "may," "can," "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.
Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in the Company's periodic filings filed from time to time with US Securities and Exchange Commission at www.sec.gov.
This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "Securities Act"). They may not be offered or sold in the United States (as defined in Regulation S under the Securities Act), except pursuant to an exemption from the registration requirements of the Securities Act.
Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms such as estimates of a mean of undiscovered natural gas and estimates of a mean of undiscovered oil that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10-K and other periodic reports filed by us from time to time with the SEC, available from us at www.sec.gov. You can also obtain this form from the SEC by calling 1-800-SEC-0330.
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Parkside Communications Inc.
Phone: 1-877-798-4165
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SOURCE Force Energy Corp.
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